Funding you earn now, next payment 00:00 UTC−0.0286%/8h= −31.3% APRnext payment −$1.43 per $10,000 · paid last 24h −0.046%
Price spread now: Gate against BingX−0.391%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$1861.855% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)+0.315%+$31 · spread now −0.391%, 7d avg −0.159%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.232% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KAT-USDT | 0.004859 | 0.0386 | pay 0.0193% / 4h | 1h 56m | — | $1.7M | — |
| Short | Gate KAT_USDT | 0.004840 | 0.0100 | get 0.0050% / 4h | 1h 56m | $213K | $117K | 50x |
BingX KAT-USDT
Gate KAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.06
- Price spread: −0.391% → −0.159%
- −$23.22
- Slippage, 4 orders
- −$160.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$268.81
- Costs to cover
- 1.855%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 20 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 5 min ago | 6.18 bp | 20.0 bp −$20 | 80.0 bp −$800 | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 10.28 bp | 55.4 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
KAT on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004862 | +0.062% | $839K | $1.4M | 20x | as long as short |
| Gate KAT_USDTshort | +0.0100% | 4h | 0.004840 | −0.391% | $213K | $117K | 50x | |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004860 | +0.021% | $201K | $56K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004860 | +0.021% | $511K | $205K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004850 | −0.185% | $1K | $1.0M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0111% | 8h | 0.004859 | 0.000% | $1K | $2K | 5x | as long as short |
| MEXC KAT_USDT | +0.0142% | 4h | 0.004861 | +0.041% | $264K | $114K | 20x | as long as short |
| Extended KAT-USD | +0.0144% | 1h | 0.004858 | −0.022% | $5K | $157K | 5x | as long as short |
| Binance KATUSDT | +0.0148% | 4h | 0.004866 | +0.139% | $2.3M | $3.2M | 25x | as long as short |
| BloFin KAT-USDT | +0.0192% | 4h | 0.004859 | 0.000% | $127K | $17K | 50x | as long as short |
OKX KAT-USDT-SWAP
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
MEXC KAT_USDT
Extended KAT-USD
Binance KATUSDT
BloFin KAT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0361% | 4h | 0.004856 | −0.064% | $24K | $31K | 5x | as long as short |
| BingX KAT-USDTlong | +0.0386% | 4h | 0.004859 | long leg | — | $1.7M | — | |
| Bybit KATUSDT | +0.0451% | 4h | 0.004868 | +0.185% | $810K | $302K | 25x | as long as short |
Aster KATUSDT
Bybit KATUSDT